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3. Quincy deposits $400 in a new bank account that earns 4% simple interest per year. What is the total amount in the account after 3 years?

3. Quincy deposits $400 in a new bank account that earns 4% simple interest per year. What is the total amount in the account after 3 years?
asked 72.0k views
2 votes
3. Quincy deposits $400 in a new bank account that earns 4% simple interest per year. What

is the total amount in the account after 3 years?

asked
User Dhananjay
by
8.2k points

2 Answers

3 votes

Answer:

400(1+4%×3)=448

Explanation:

answered
User SirFartALot
by
8.1k points
1 vote

Answer:

353.89

Explanation:

96

answered
User Gnavi
by
8.4k points
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